Newmark, New York, arranged $230 million to refinance The West Hollywood Edition Hotel on Sunset Boulevard in Los Angeles.
Tag: Dealmaker
Dealmaker: Stonehill Closes $104M Hotel Construction Loan
Direct hospitality lender Stonehill Strategic Capital, Atlanta, closed a $104 million construction loan with TPI Hospitality for a Margaritaville Resort in Fort Myers Beach, Fla.
Dealmaker: Meridian Capital Group Arranges $55M for New York Mixed-Use Property
Meridian Capital Group, New York, arranged $55 million to refinance The Urban, a Class A mixed-use property in Flushing, Queens, N.Y.
Dealmaker: Paragon, Canyon Partners Acquire California Retail Center for $15M
Paragon Commercial Group LLC, El Segundo, Calif., and Canyon Partners Real Estate LLC, Los Angeles, acquired Village Center, a 92,400-square-foot shopping center in Orange County, Calif., for $14.8 million.
Dealmaker: Fantini & Gorga Arranges $22M for Massachusetts Multifamily
Fantini & Gorga, Boston, arranged $22.2 million for two Massachusetts apartment properties.
Dealmaker: Institutional Property Advisors Closes $107M in Multifamily
Institutional Property Advisors, Ontario, Calif., sold two Phoenix-area multifamily properties in transactions totaling $107.3 million.
Dealmaker: Harbor Group International, Cammeby’s Acquire $1B Multifamily Portfolio
Harbor Group International and Cammeby’s International Group acquired a 5,302-unit multifamily property portfolio for $1.05 billion.
Dealmaker: Berkadia Secures $86M for Virginia Multifamily Property
Berkadia secured an $86 million loan to refinance Meridian at Braddock Station, a 480-unit high-rise multifamily property in Alexandria, Va.
Dealmaker: Phillips Realty Capital Structures $58M for Florida Industrial Portfolio
Phillips Realty Capital, Bethesda, Md., closed a $57.5 million bridge loan for a four-property, 740,400-square-foot industrial portfolio in Miami and Tampa, Fla.
Dealmaker: Pacific Western Bank, Square Mile Capital Provide $182M for New York Multifamily
Pacific Western Bank, Los Angeles, and Square Mile Capital Management, New York, provided $181.9 million for a multifamily development in White Plains, N.Y.